But the European market will grow…

In an analysis of market trends that will lighten the gloom, corporate aviation finance specialist Shearwater Aero Capital has predicted that the European private aviation fleet may grow by a third over the next five years. The headline figure has a total of 1,071 new private jets being delivered to European clients by 2025, which would be worth some USD38.5 billion. According to Shearwater Managing Partner Chris Miller: “Europe is an attractive region for business aviation finance companies such as ours. It has larger, more expensive aircraft than other markets, and the market here is increasingly focusing on benefits of using financing to purchase business aircraft as opposed to just paying cash.” In May, Shearwater announced that it is seeking to raise USD200 million to support its continued growth.

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